Property summary
This exceptional 81.04-acre property in Winnemucca, Nevada, presents a unique investment opportunity. Comprised of five parcels (four 10+ acre and one 40+ acre), it boasts stunning mountain views and convenient access via East Thomas Canyon Road and Lupine Drive. Zoned AG-5, it allows for residential and agricultural uses, with potential for subdivision into 5-acre lots without needing additional water rights. The land features a mix of flat and gently sloping terrain, with existing interior roads and electricity readily available nearby. Situated at the base of the Sonoma Mountains, it offers both valley and mountain vistas, and is close to existing homes and subdivisions. Its location, approximately 2 miles south of Winnemucca's city limits and 4 miles from downtown, is ideal. The property benefits from Winnemucca's recent growth, driven by mining and manufacturing job creation and favorable Nevada tax benefits. APN's are 10-0501-03, 10-0501-05, 10-0501-06, 10-0501-07, and 10-0501-08. GPS coordinates are 40.913662, -117.745008. Directions: From Hanson St and Grass Valley Road in Winnemucca, go south on Grass Valley Road for 3.8 miles to E Thomas Canyon Rd. Turn left and go 1.2 miles east; the property is about 0.25 miles ahead and 0.5 miles to the right. Well and septic systems are typical for the area. A preliminary subdivision plan for 5-acre lots is available. This presents a rare chance to own a large, versatile property near a growing city. The asking price is $280,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
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Zoning
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